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Can you help me form a new budget income for the following year for this question. The Lees believe that production and sales could double

Can you help me form a new budget income for the following year for this question.

The Lees believe that production and sales could double after being on

Shark Tank which is scheduled in December of 20XY. They want to be prepared for this. Based

on the budgeted income statement calculated above for 20XY, what would a new budgeted income

for 20XZ assuming that the production and sales is double the level of 20XY

here is the previous budget income

Sales is 51,000

cost of goods is 21,000

-----------------------------------------------

Gross profit is 30,000

Expenses include

labor. 4,800

Advertising 3,000

Bank Fees. 200

Phone/internet. 1,800

Utilities. 1,200

Shipping. 1,800

Office Supplies. 900

Conference. 3,000

Travel. 1,200

Total Expenses 17,900

Net Income before taxes. 12,100

income tax 3,388

Net Income After taxes 8, 712

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